Sonoco Products Current Ratio 2010-2024 | SON
- Sonoco Products average current ratio for 2023 was 1.67, a 23.7% decline from 2022.
- Sonoco Products average current ratio for 2022 was 1.35, a 14.41% increase from 2021.
- Sonoco Products average current ratio for 2021 was 1.18, a 10.61% increase from 2020.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.